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liubo4ka [24]
1 year ago
9

An older person nearing retirement might typically find it better to invest in ________ since they generally seek less risk with

their investments.
Business
1 answer:
Helga [31]1 year ago
5 0

The answer to this question is bonds. Bonds are an investment type where in investors’ gains a fixed-income over their investments. Bonds are less risky because the return of investment is in a fixed rate and this is less vulnerable to price swings in the stock market. 

You might be interested in
Delta Insurers typically affirms or denies claims within 120 days after it receives proof of loss statements. Which statement is
mamaluj [8]

Answer:

Option A is correct

Explanation:

The 2 Option are:

<em>i. The firm Delta Insurers typically affirms claims within 120 days after it receives proof of loss statements </em>

<em>ii. The firm Delta Insurers typically denies claims within 120 days after it receives proof of loss statements.</em>

<em />

Delta insurance company is a typical insurance company that operates it business in line with the Insurance practice code in its operation country. Failure of perform those duties strictly will lead to revoke of operational license which will incur consequential loss for the Insurance Company.

Delta Insurers insures against peril of Vehicle, Fire, Burglary, Consequential loss, Business Interruption and so on.

The insurer however have its own mode of settling claims as stated in the Policy form. The statement might be stated in there that "<em>we typically affirms claims within 120 days after we receives proof of loss statements". </em>No insurer can states in its policy form that "<em>we typically affirms claims within 120 days after it receives proof of loss statements", t</em>his is against the code of conduct of Insurance business

<em />

7 0
1 year ago
A walking path at a local park is modeled on the grid below where the length of each grid square is 10 feet. The town needs to s
dem82 [27]

Answer:

The area of the walking path = 3,371 ft²

Explanation:

The complete Question is presented in the attached image to this solution

Note that the walking path consists of straight paths and curved paths.

The straight path is strictly squares, with 9 of them on both sides (top and bottom)

Area of the straight path = 18 × area of one square = 18 × 10² = 1800 ft²

For the curved path, note that their areas is the area between two semi circles.

Smaller semicircle has a radius of r = 20 ft.

Larger semicircle has a radius of R = 30 ft.

Area between the two semicircles = (Area of larger semicircle) - (Area of smaller semicircle)

= (πR²/2) - (πr²/2)

= (π×30²/2) - (π×20²/2)

= 785.4 ft²

But note that there are two of those curved paths, hence, area of the curved paths

= 2 × 785.4 = 1570.8 ft²

Total area of the walking path = (Area of straight path) + (Area of curved path)

= 1800 + 1570.8 = 3370.8 ft² = 3371 ft² to the nearest whole number.

Hope this Helps!!!

4 0
1 year ago
You are the payables accountant for a medium sized electrical contracting company. You are paying bills with purchase discounts
son4ous [18]

Answer:

Memo

To: The Finance Manager

From: The Payables Accountant

Subject: Bank Loan to Pay Suppliers

Date: October 5, 2020

The above subject on our previous discussion refers.

This memo clarifies the advantage of borrowing from our bank the sum of $100,000 in order to offset the account of our supplier who has offered us the trade terms of 2/10, n/30.

Recall that the bank loan's interest rate is 6% per annum.  If we borrow within the month and repay 30 days after, the interest cost will be $500 ($100,000 * 6%/12).

You can compare this to the discount we shall receive from the supplier totaling $2,000 ($100,000 * 2%).  We can even extend the bank loan to 2 months, thereby paying a total interest cost of $1,000 ($500 * 2).

The implication is that we shall be making some gains by taking advantage of the cash discount.  May you approve the loan based on this clarifications.

Regards,

Tony Ohagwam

Explanation:

This memorandum attempts to justify the request for a bank loan in order to settle the bill of one of our company's suppliers.  It demonstrates the huge financial benefits that are implicit in accepting cash discounts from suppliers.

4 0
2 years ago
Tile Depot, specializing in retail of construction materials, carries a popular flooring tile. The annual demand is estimated to
MissTica

Answer:

d.$500

Explanation:

Economic order quantity is the quantity at which business incur minimum cost. This is the level of order where the holding cost equals to the ordering cost of the business.

As per given data

Annual Demand = 5,000 cases

Ordering cost = $250

Carrying cost = $10

EOQ =  \sqrt{\frac{2 X S X D}{H} }

EOQ = \sqrt{\frac{2 X 250 X 5,000}{10} }

EOQ = 500

4 0
1 year ago
Read 2 more answers
Howrley-David, Inc., manufactures two models of motorcycles: the Fatboy and the Screamer. Both models are assembled in the same
Greeley [361]

Answer:

<em>Cost per Unit  Fatboy= $  27800 </em>

<em>Screamer Cost per unit =  $3779.80   </em>

Explanation:

Howrley-David, Inc.

                               

                                        Fatboy             Screamer           Total

Units Assembled               990                 1,980                  2,970

Materials cost per unit      $ 2,600        $ 3,600

Material Costs                   2574000         7128000  

Other costs:

Direct labor                          $1069200       2138400      $ 3,207,600

Indirect materials                                                                 534, 600

Other overhead                                                                  <u>  1,603,800</u>

FoH                                     712800           1425600           2138400

Total Costs                          2752,2000    7484000

<u>No of units                             990                1980</u>

<u>Cost per Unit                       27800              3779.80   </u>

The total costs have been added and then divided with the number of units to get the cost per unit.

Direct Labor Costs  =Total Direct Labor Costs/ Total number of units* required number of units

DLC for Fatboy= $ 3,207,600 /2970 *990= $1069200

DLC for Screamer= $ 3,207,600 /2970 *1980= 2138400

FActory Overheads = Total Factory Costs/ Total Units ( Required Units)

FOH for Fatboy=  534, 600 +1,603,800/2970 * 990= 712800

FOH for Screamer = 534, 600 +1,603,800/2970 * 1980=  1425600

6 0
1 year ago
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